XVGBTC trade ideas
XVG will stay Bullish till April 17thThe candles are really attracted to the ichi clouds and is not falling too much behind it (which means price is in consolidation or not much volatility)
HOWEVER, On the 5 min chart, Fib Extension is telling me that we're going to see a new ATH soon.
Also keep in mind that the partnership announcement is still taking place on the 17th of April, so we still have room to grow on this coin.
We are hitting 1500 sats in the next couple of days easy..In my opinion
**Always do your own research and don't depend on me.
Happy trading,
Strong very muchXVG is running stronger and eager than expected, so I think I got the wrong circle, this one is looking way stronger, and it may still go further long. Be sure you can handle the risk here as volatility is high, setup a good risk management and never forget to have a stop !
Is verges increasement finished? RTFTEXTPeople are buying VERGE because of the new partnerships which they wil present at the 17th of April. This attracts a lot of new money in xvg. These people are buying sky-high and they will pay the profit of early investors. Don't fomo into news.
Verge made a run and can grow a little bit more as a result of people who buy the coins by fear of missing out. Don't be greedy, sell the news
If you are a happy verge holder in profit I suggest to put in an automatic sell order "sell when below" so you're in a decent profit while sleeping.
Keep the rule: Buy the rumor sell the news.
Verge Cup and Handle What do you think guys... Plus the big news coming on the 17th of this month. Could turn out to be a flop but this is why we use a stoploss.
Your input would be great.
Thanks
Here comes the XVG crash, sellers now will be rewarded. Just my opinion, but Verge looks way over bought, bubble-luscious af.
123 Top forming, if it can stay above the 2 mark, then it may be going higher, but my gut feel says capitulation.
XVGBTC - Verge - Watch Out For Possible Big MoveContrary to the believe that having an RSI above 70 is "overbought". In crypto, we often have the situations where during a big pump, the RSI can be overbought for some time. So, if you don't want to miss on a big pump, you need to focus on those that are having RSI that is above 70 and in overbought position.
Yes I know we are in bear market but opportunities will come from time to time. I don't look for scalping or day trading. I look for big moves. It is not that hard. Make a position, put a tight stop loss and keep adding position as the price moves up and lock your profit all the way up.
You either lost 5-10% of your capital or making possible 100-200-300-400-1000% profit on your capital. A simple and common sense but hard for people to understand this idea.
Smart money always want to make big money and this is even obvious in crypto. You can easily make 5-10x in penny stocks. In crypto it is much easier. Just watch out and grab the opportunities when it comes.
The weekly RSI for XVGBTC is not even above 70. Look at the past two big pumps when the RSI is above 70 and you can see the potential "if and only if" the big pump happens. Trading and investing is all about probabilities and playing with the flow, not against the flow.
If Past is Prologue, is the ATH next wave?950-980 retrace on that TL support. Tried to as accurate as i can with the 79 degree angle for it.
Whats very interesting, is if this next wave 5 hits like the other two have, we are going to hit the ATH at 1800. Highly doubt we break first try, especially with these trend lines, so a big sell would be matching up with the "Big announcement" time frames.
That being said, XVG likes to prove everyone wrong, the bulls and the bears AND the pigs, so maybe we do break that 1800 bringing up to 2300-2600
Verge update.It looks like Verge is going to 1400s SAS? I use FiIB. to find my buying zone. And I look at RSI and Stochastic to determine the retracement is completed.
Happy waiting!!!
XVG / BTC - Solid entry coming for LONG.Verge just broke huge resistance from early 2018, most likely due to the huge partnership being announced soon. Look for a retest of this resistance turned support at 930 sats and a continuation of the bullish trend.
Entry - 950
SL - 890
XVG this is your chanceXVGBTC is one of the coin in uptrend cycle in this bear market. How strong is the uptrend? It depends on the hype news they would bring in April 17th.
Weekly chart shows it's in the final repetition stage of the uptrend. So "Buy the rumours and sell the news" probably the best advice.
Now it's entering heavy resistance to pass at 1200sats, but nothing is impossible. I predict the top would be at 1800sats. Be prepared for the massive dump.
Verge (XVG/BTC) Triangle correction with cup and handle targetsXVG is on FIRE! It broke before Bitcoin which is a great sign! Where are we in our Elliott wave count? I am a bit torn as I see a new low coming marking the end of the C correction wave, BUT this morning a triangle pattern formed which now makes me think we are about to see a HUGE 5th wave extension, thanks to the large cup and handle pattern, to around 1700 sats! The short term triangle puts us around 1200 sats and due to the spike on the 5th of April I am leaning towards a HUGE jump before the verge partnership announcement. With that being said I am expecting to see a drop back down to around 700 satoshi as we complete Wave 2 of our larger motive wave. If the partnership announcement is truly a game changer then the 5th wave AND correction will have to play out by the 17th announcement.
I have found MANY MULTIPLE cup and handle patterns fracking throughout the chart since we broke. The lower reflects the upper and this is why I am EXTREMELY bullish on XVG and these targets. I was around for EMC2 announcement so I don't buy into the hype so after the announcement this could be a make or break for verge. With the size of the jump I think it's more probable that we will see a larger wave 3 happening. This wave will bring us into $.60-$1 range. Good time for those holding Verge now!
XVG on falling wedge breakout. Trade for 200-300% gainsHello Friends,
We are close to bull market run in which we have seen alts gave 10x even upto 20x returns. So it is good to buy and wait for the bull market to kick start.
If you see the history, every coin had a rally and fell by 80-90% before next run. XVG is in the same position, one can invest 5% of his portfolio for 2x-3x returns from current rate.
It broke the falling wedge and decent volume spike shows people are getting interested in the coin. Huge order book shows orders are lined up very well.
So I would buy Now(480) or wait for a dip to buy and try to target 1500 SATs. Note there are multiple resistance in this journey so trailing sl or exit on target and buy back at lower levels.
SL is below the recent low.
Good luck.
Disclaimer: This is my trade, not a recommendation to buy or sell, You can trade on your own risk.
Thanks and Good luck.
Verge XVG / BTC - Great entry point for continued bull run.XVG has broken through strong resistance from early in the year with the upcoming partnership news. It should retrace now 30% to resistance turned strong support before continuing on its run. Great entry under 950 sats.
Enter <960 sats
S/L 900
XVG Cup and Handle formationHi,
This is my first attempt at a prediction into what the market will do. I think XVG is about to define the CUP and Handle formation. This may mean we have a growth incoming.
I am hoping for a 30% increase at this stage. This is just a guess as to what happen based on my observations of the chart.
-Nigel
XVG, verge the crusherVerge been kicking ass, and looks like it has some more fuel in it also.... Around 1277 Sats may be the top after a small correction...
XVG still has some ways to go! Enjoy the ride while you can.Alright so lets dive right into this. I'm going to start out by saying I do believe XVG has a little ways to go yet before toppling over... I also am not calling complete top just next possible and foreseeable sell marker. I will update after that with a new possible target. So if I was a bettin man I see this testing the 985 line again and possibly even the 950 sats line again before heading up for its final wave just from looking at the Bollinger Band indicator top being reached. (Green Line) Don't worry the mini corrections are healthy they're needed to continue growth.
The RSI Indicator at the very bottom we see a golden cross formed with this last pump to break 1k which was a good resistance break imo. It continues to follow the trend line on the RSI Indicator as well and is staying above the average in the middle of the Bollinger Band indicator (the white dotted line in-between green and red) without breaking top of the Band this is a good indicator that it will continue its upward trend without after its mini correction.
So from I see we had a bull flag formed which I have marked the bottom of the flag itself. According to the flag measurements we should see the next stop at around 1165ish notice I say should.
XVG still has a big announcement coming up on the 16th from what I understand (unless this has changed without me noticing) and the coin should continue to rise. Remember take profits when comfortable and don't get greedy that's when you start to lose money.
This is not advice on whether to buy or sell just information based on indicators and opinion so trade at your own risk and best of luck!!
-CryptoLeroyJ out!
